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they're scum. >> bob: they went against management. >> bob: you are okay -- >> bob: they got helping hand three times by management thugs who brought in -- >> greg: so contributor is a thug? the guy that was standing there is a thug that got cold-cocked by one your jerks? >> bob: the union guys have been historically been beat up and killed. >> greg: for the greater good. violence is okay for the greater good. >> eric: because you took advantage of it. how did i take advantage of it? >> bob: do you take a weekend off? >> greg: i take advantage because i take a weekend off? that's okay to punch that guy in the face? punch anymore face. that's okay? >> bob: do you know how many labor guys have been punched in the face and murdered? >> greg: how many? what does it do with crowder punched in the face? >> bob: i don't care about crowder. >> greg: at least you're honest. >> eric: angela, you look at the state house. it reminds you of wisconsin a couple of years ago. governor walker broke collective bargaining. jobs came back to the state. >> andrea: they are giving people a choice. i thoug
they're scum. >> bob: they went against management. >> bob: you are okay -- >> bob: they got helping hand three times by management thugs who brought in -- >> greg: so contributor is a thug? the guy that was standing there is a thug that got cold-cocked by one your jerks? >> bob: the union guys have been historically been beat up and killed. >> greg: for the greater good. violence is okay for the greater good. >> eric: because you took advantage of it....
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martha: i get bob's point. what bob is saying. business people tend to look at things in, you know, in terms of efficiency. does it work. i think in many ways he was trying to separate his argument here saying this system that works and u.s. economy then is forced to deal with it in the form that it exists if we want to be competitive. >> here's our problem as we're shipping all the jobs over to china. we're borrowing money from china and we have to pay interest on all that. look, while maybe try and understand what mr. immelt was saying he has a position specifically designed to grow jobs in this country. so it's a bit hypocritical for him to sit on tv in this country and praise a nation that, okay, how did they get to be number one? labor practice. >> clearly had his ceo hat on the interview, bob, and not jobs hat in that. >> exactly. martha: in of itself raises questions. he doesn't mention in this interview as far as we could tell, we got as much of interview as he could mention human rights violations. mention the issue of et
martha: i get bob's point. what bob is saying. business people tend to look at things in, you know, in terms of efficiency. does it work. i think in many ways he was trying to separate his argument here saying this system that works and u.s. economy then is forced to deal with it in the form that it exists if we want to be competitive. >> here's our problem as we're shipping all the jobs over to china. we're borrowing money from china and we have to pay interest on all that. look, while...
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. >> bob: they used to -- >> greg: you're insulted. >> kimberly: that happened to my friend. hawkeye. dabs that helped his ego. didn't hurt him. >> greg: it's not nice to call them names but you're not scarred. save that for something bad. >> kimberly: that is it for us "the five." thank you for watching. see you tomorrow if you dare. ♪ >>> later we will do this. welcome to "red eye." i'm greg gutfeld or as i am known in russia, margo kiter. let's go to andy levy for a pre game report. what is coming up on tonight's show? >> president obama shakes the hand ever k pop sensation, psy after the old american wraps are revealed. we will have full team coverage straight ahead. plus there is a new report saying we will all be syborgs 1234* and what happens when we send bill schulz to a training center for aerial arts? hopeful leahy gets vertigo on the tram parkinson's disease and the safety harness breaks and the mat filled with sharp chards of glass. >> that's a lot to hopeful. >> it is, but i like to aim high. >> i like the specifics. >> it is not that i gained these scenarios o
. >> bob: they used to -- >> greg: you're insulted. >> kimberly: that happened to my friend. hawkeye. dabs that helped his ego. didn't hurt him. >> greg: it's not nice to call them names but you're not scarred. save that for something bad. >> kimberly: that is it for us "the five." thank you for watching. see you tomorrow if you dare. ♪ >>> later we will do this. welcome to "red eye." i'm greg gutfeld or as i am known in russia, margo...
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rick: these laws, bob, they don't ban unions. they give people the choice whether this he want to join and pay dues or not. >> republicans say, why should a republican union member contribute to a union that will then turn around that money and elect a democrat? they say that's unfair. but, unions say, listen, if you go back a century when there were very little union presence, or no union presence the working conditions were all of full. rick: we've seen this now happen in wisconsin, in ohio. we're watching it play out now on the streets in lansing, michigan. nationally speaking, what does this mean for the president who won a second term in no small part because of the support, the financial backing of the unions? >> rick, i think it is fascinating that obama has injected himself in this battle. by and large he kept the wisconsin battle before the election really at arm's length. it frustrated union officials who were also frustrated with him for moving some trade deals and not seeking single-payer health care legislation inste
rick: these laws, bob, they don't ban unions. they give people the choice whether this he want to join and pay dues or not. >> republicans say, why should a republican union member contribute to a union that will then turn around that money and elect a democrat? they say that's unfair. but, unions say, listen, if you go back a century when there were very little union presence, or no union presence the working conditions were all of full. rick: we've seen this now happen in wisconsin, in...
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bob corker from tennessee was on "fox news sunday" yesterday. he gave fo voice to something you're hearing from an increasing number of republicans right now which is maybe they should give in on raising taxes on the rich in order to fight it out and try to get more leverage in terms of spending cuts. take a listen. >> once you give him the rate on the top 2%, it's actually a much lesser tax increase than what's he's been talking about. the focus then shifts to entitlements. >> reporter: now, the key, though, as we've all been talking about this end of the year deadline, december 31st, but in fact, when you talk to leaders in both parties, they realize the real deadline is probably the end of this week in terms of at least getting a framework of a deal so that then both the house expht senat and e can work on the details and pass this thing. they've got to get moving now, this week, if they're going to get this done by the end of the year. >> shepard: ed, thank you. the president commented today on the battle over michigan's so-called right to w
bob corker from tennessee was on "fox news sunday" yesterday. he gave fo voice to something you're hearing from an increasing number of republicans right now which is maybe they should give in on raising taxes on the rich in order to fight it out and try to get more leverage in terms of spending cuts. take a listen. >> once you give him the rate on the top 2%, it's actually a much lesser tax increase than what's he's been talking about. the focus then shifts to entitlements....
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and bob king, thank you as well. the united auto workers union, by the way, a big part of the organization of those people out there today. as we mentioned earlier, nearly 18% of michigan workers are represented by unions. so if the governor does end up signing any kind of right-to-work bill into law, in michigan, that state would be by far the most heavily unionized state to do so to date. i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. to
and bob king, thank you as well. the united auto workers union, by the way, a big part of the organization of those people out there today. as we mentioned earlier, nearly 18% of michigan workers are represented by unions. so if the governor does end up signing any kind of right-to-work bill into law, in michigan, that state would be by far the most heavily unionized state to do so to date. i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't...
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i wasn't being funny, bob. i know. >>> it is time for the lightening round. and they the lightening round is over. are you ready? i want to start with ed in pennsylvania. ed, hello mr. cramer. booyah from pittsburgh. >> oh man steeler nation what's up? >> csbo. crishri cisco is the best house in a tough neighborhood. so i'm saying don't buy even though i know it is cheap. >> let's go to jeff in new jersey. >> jim, mark west energy is nearly down 5% this week. should i add and worry about their chronic secondary offer? >> i like we and then it sprung up and this is no kmp. let's go to josh in massachusetts. i'm going to give you stop confusing me. happy hanukkah. and merry christmas to you. >> thank you. >> my company is jeers logic. i love them and i know they are in bed with apple. and how do you feel? >> it has had such a big move. if i want to own an apple play, i'm going to stick with apple. let's go to mark in wisconsin. >> jim, thank you for taking my call. your thoughts on parker drilling. >> no no no no no we don't need parker drilling. let it come up
i wasn't being funny, bob. i know. >>> it is time for the lightening round. and they the lightening round is over. are you ready? i want to start with ed in pennsylvania. ed, hello mr. cramer. booyah from pittsburgh. >> oh man steeler nation what's up? >> csbo. crishri cisco is the best house in a tough neighborhood. so i'm saying don't buy even though i know it is cheap. >> let's go to jeff in new jersey. >> jim, mark west energy is nearly down 5% this week....
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our team this morning, bob shrum is back. you must have had a good time. >> you asked me back. >> and nan hayworth, and bob iza is back as well. t bob costas, he admits his remarks may have been imperfect in the aftermath of the terrible suicide/murder jovan belcher. he thinks the nfl has a crisis on its hands. >> it's at a crossroads. the issue of the fundamental nature of the game. so popular and profitable. it takes a tremendous toll on those who play it, not just body, but mind and emotions. >> according to a report on nbc's "football night in america," seven nfl players have turned in their weapons since the belcher murder/suicide. he said he didn't trust himself with his own firearm. it's interesting, the backlash. >> his real point was about the gun culture. his real point about nfl players and a culture of violence. that's what i got out of the interview with piers. he was initially attacked by people who were concerned about gun control and the second amendment. but he was really commenting on players not being caref
our team this morning, bob shrum is back. you must have had a good time. >> you asked me back. >> and nan hayworth, and bob iza is back as well. t bob costas, he admits his remarks may have been imperfect in the aftermath of the terrible suicide/murder jovan belcher. he thinks the nfl has a crisis on its hands. >> it's at a crossroads. the issue of the fundamental nature of the game. so popular and profitable. it takes a tremendous toll on those who play it, not just body, but...
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bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. introducing chase liquid. card hassles? the reloadable card that's easy to activate and can be used right away. plus, you can load cash or checks at any chase depositfriendly atm and checks right from your smartphone. get rid of prepaid problems. get chase liquid. >>> california's renewable energy mandate actually requires more investment in fossil fuels. that makes everything more redundant and expensive. it's all propelling more people out of california. they're going to nevada, arizona, texas. they're going everywhere except cal. here's michael reagan, political consultant and author of the new reagan revolution. thanks for coming back on. it doesn't have to be this way. this is the most screwed up state i
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. introducing chase liquid. card hassles? the reloadable card that's easy to activate and can be used right away. plus, you can load cash or checks at any chase...
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bill gates, a very good secretary of defense, -- bob gates said to me you need quickly to cultivate and devote time to relationships because you realize you're in this together. >> completely agree. and i would say if anything the pendulum is coming back hardener that direction. >> rose: meaning what? >> meaning coming out of the crisis. i think there's less trust in general. >> rose: it's part of the job in washington. so you value relationship very much and so there are hundreds of c.e.o.s that i know who i can pick up the phone and they trust g.e. and they trust g.e. because they know me or my team and i think that's immensely valuable and i think in the end it's important that business leaders and politicians have a better sense of trust than maybe what we've had over the last five years and, again, those things never work unless you assume you're 50% of the problem. that's what you've got to -- >> rose: assume you're 50% of the problem? in other words -- >> i'm not blameless. >> there's two kinds of advice you can give. this is what i try to do. one is here's what under do and the
bill gates, a very good secretary of defense, -- bob gates said to me you need quickly to cultivate and devote time to relationships because you realize you're in this together. >> completely agree. and i would say if anything the pendulum is coming back hardener that direction. >> rose: meaning what? >> meaning coming out of the crisis. i think there's less trust in general. >> rose: it's part of the job in washington. so you value relationship very much and so there...
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host: here's an e-mail from bob and florida. making the economic argument against right-to-work state. and then there are people who have an economic argument on the other side of it. if we read a piece earlier in the washington post on what right-to-work states due to the broader economy. -- due to the state's economy? and now this isn't egypt. on the front page of the washington post, amid this turmoil, aid for egypt is on its way. the u.s. and a coalition of international lenders are pushing ahead with billions of dollars of loans and other help for egypt and neighboring states. so, money going to the country despite the violence there. and on the domestic front, the richmond times dispatch, courtesy of the newseum, health care law includes from a surprising $60 coverage free. bob in rapid city, south dakota, republican caller. caller: whee are a right-to- work state. in the past week we had an article in the newspaper that we are 16th in the nation in income. we averaged 44,000. where is the nation averages 41,000. so it's j
host: here's an e-mail from bob and florida. making the economic argument against right-to-work state. and then there are people who have an economic argument on the other side of it. if we read a piece earlier in the washington post on what right-to-work states due to the broader economy. -- due to the state's economy? and now this isn't egypt. on the front page of the washington post, amid this turmoil, aid for egypt is on its way. the u.s. and a coalition of international lenders are pushing...
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in 30 minutes, senator bob corker and kent conrad. and at 9:00 eastern, representative scott garrett and sander levin. remember "squawk on the street." >> that's right. "squawk on the street" we have a lot to come, as well. the two senators we're talking with next, two members of the gang of eight now. we'll talk to them. guys we'll send it back to you right now. >> great. thanks, guys. appreciate that. we are now, though, going to flip it over to phil lebeau who is in new york and he's got breaking news. >> as expected we knew that delta was in negotiations to buy 49% stake in virgin atlantic. the deal has been completed. the price is $360 million for that delta will increase its access to heathrow. that's really the key here. 31 daily nonstop flights. that's all part of what goes between the uk and north america for virgin atlantic. the brand remains, guys. make that clear here. the virgin atlantic brand does not go away. what changes is that delta has a 49% stake in the company. there's going to be a press conference later this mor
in 30 minutes, senator bob corker and kent conrad. and at 9:00 eastern, representative scott garrett and sander levin. remember "squawk on the street." >> that's right. "squawk on the street" we have a lot to come, as well. the two senators we're talking with next, two members of the gang of eight now. we'll talk to them. guys we'll send it back to you right now. >> great. thanks, guys. appreciate that. we are now, though, going to flip it over to phil lebeau who...
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read the bob woodward book, the price of politics. it showed that boehner went much further than any republican has been willing to go when it comes to revenue and funding the government. the second issue when it comes to president obama saying we want to return back to the clinton era rates, it wasn't the rates that netted government revenue. it was unprecedented economic growth in the tech bubble. so the brilliance of this -- >> and no war. >> well, that's -- that's the rate question. the income to government. spending side of the equation. if we simply return back to the spending rates as a percentage of our economy of the clinton era, this thing would be fixed like that. >> that's what we keep hearing. anyway, representative, good to have you on the program. >> thanks for having me. >> can't wait to hear what the traders have to say about this. "fast money halftime report" with scott wapner and the crew begins right now. >>> all right, brian and thanks so much. welcome to "halftime." traders are mike murphy, joe terranova, josh br
read the bob woodward book, the price of politics. it showed that boehner went much further than any republican has been willing to go when it comes to revenue and funding the government. the second issue when it comes to president obama saying we want to return back to the clinton era rates, it wasn't the rates that netted government revenue. it was unprecedented economic growth in the tech bubble. so the brilliance of this -- >> and no war. >> well, that's -- that's the rate...
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abc's bob woodruff has the story. >> reporter: 32-year-old gabriel posey, a staff sergeant in the army, just returned from the sands of afghanistan. but now here, in los angeles, he's about to get a huge surprise. what he knows is that he's been matched up with a mentor to help him get a start in the field he's dreamed about much of his life, screen writing. what he doesn't know is that his mentor is one of the biggest names in hollywood. >> your brothers were killed in combat. >> this is one of the great things about people in the military, they're good at solving problems. those people are worth their weight in precious metals. >> what will be the number one thing you'll tell him about getting into the film industry? >> okay. you have got to say i know who i am, i know what my kills are, and i'm in this for the long haul. perseverance. it all comes down to that. >> reporter: i told gabriel his mentor wasn't well known. just someone with connections. i lied. i'm going to show you who this is. i think you'll be very happy. >> oh! wow! no way. i love tom hanks. >> gabriel, how are you?
abc's bob woodruff has the story. >> reporter: 32-year-old gabriel posey, a staff sergeant in the army, just returned from the sands of afghanistan. but now here, in los angeles, he's about to get a huge surprise. what he knows is that he's been matched up with a mentor to help him get a start in the field he's dreamed about much of his life, screen writing. what he doesn't know is that his mentor is one of the biggest names in hollywood. >> your brothers were killed in combat....
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bob pisani joins me. that's despite gridlock in washington. >> maybe because of it. take a look at dow jones industrial average. we were up, speaker boehner gave us an update and basically said where is the president on the spending cut issue. we lost ground on that particular news. a couple of sectors doing well. tech outperforming, ambassadors trying to find a trading range between 5 and $6hup, a little more stable. texas instruments raised outlook, chip marks, alter, a, jds among gains. what sequestration worries, they continue to defy gravity. second group strong, airline stocks. good news, delta taking a 49% steak in virgin air, maybe more consolidation. booking trends good recently. a minimal impact from business travel on sandy overall, jet fuel prices continue to drop. let's talk about exchange traded funds. you know them. i'm a big backer. matt hogan here moderating a conference master of all things etfs. we're continuing to see money going in. what's going on? why is etf so high? >> a couple of reasons. all the things we talk about, lower cost more cost eff
bob pisani joins me. that's despite gridlock in washington. >> maybe because of it. take a look at dow jones industrial average. we were up, speaker boehner gave us an update and basically said where is the president on the spending cut issue. we lost ground on that particular news. a couple of sectors doing well. tech outperforming, ambassadors trying to find a trading range between 5 and $6hup, a little more stable. texas instruments raised outlook, chip marks, alter, a, jds among...
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the head of a group that advocates protecting social security, max richman; and republican senator bob corker. gwen ifill has our next installment. >> ifill: a senior democrat on the house banking committee and the vice chair of the centrist new democrat coalition. welcome, congresswoman. we heard earlier today from john boehner and from jay carney at the white house, one saying spending cuts aren't serious coming from the house and the other saying the white house has put forth all the spending cuts that need to be put out. how do you prioritize what should be the focus here: spending cuts or raising revenue? >> most of us know it's got to be both. the fact is the president put out a really very sensible plan, middle-ground where it actually included spending cuts. we've already done a trillion dollars and we'll be doing another trillion dollars over a trillion dollars in cuts. that's $2 trillion. that's serious spending cuts over and above what we've done already. and of course we do think there has to be some revenue. then we're going to make sure we're doing the right kind of inves
the head of a group that advocates protecting social security, max richman; and republican senator bob corker. gwen ifill has our next installment. >> ifill: a senior democrat on the house banking committee and the vice chair of the centrist new democrat coalition. welcome, congresswoman. we heard earlier today from john boehner and from jay carney at the white house, one saying spending cuts aren't serious coming from the house and the other saying the white house has put forth all the...
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bob costas touched a nerve within he spoke out on gun control earlier this month. find out what he's saying about that now, coming up. hing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. up high! ok. don't you have any usefull apps on that thing? who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quick
bob costas touched a nerve within he spoke out on gun control earlier this month. find out what he's saying about that now, coming up. hing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at...
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but i'm reminded again having spent on friday about an hour with bob kerrey. bob kerrey and i reflected back on his experience here in the senate and one memorable meeting that he and i had. and the purpose of that meeting was for bob kerrey to introduce me to the presiding officer. and it was a wonderful meeting because when the meeting finished -- i won't go into detail on everything i said but the presiding officer knows -- i came out of that meeting recognizing how what kindred spirits these two gallant warriors are and were. both having been highly decorated, one in the navy, the other a marine. one medal of honor, the other -- the presiding officer -- navy cross, silver star, more than one bronze star for valor, a number of purple hearts. as i said again, but i can't say it too much, what an honor and pleasure it has been to serve in this body with the senator from virginia, jim webb. i've learned so much about what difference a positive attitude will make. no better example of that is the new g.i. bill of rights. to think that a new senator, a brand-new
but i'm reminded again having spent on friday about an hour with bob kerrey. bob kerrey and i reflected back on his experience here in the senate and one memorable meeting that he and i had. and the purpose of that meeting was for bob kerrey to introduce me to the presiding officer. and it was a wonderful meeting because when the meeting finished -- i won't go into detail on everything i said but the presiding officer knows -- i came out of that meeting recognizing how what kindred spirits...
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bob corcoran was down there. 2,000 jobs, every one of which started at $14.50 an hour. >> right. they're not all going to be at -- >> so volkswagen was moving these jobs here because we're the low wage country compared to germany. >> dude, are you suggesting we push these jobs away? >> i'm not. >> i would rather americans have a shot at a $17 an hour job than having it in china. >> i agree. >> find a way to do better. i actually agree with you. but you have to understand the consequences are pretty severe for american lifestyles. >> again, though, i'm sorry, mike, but the consequences are, we have two choices, we can't get 1965 wages, we either have these jobs in china or lexington, either have them in alabama or germany and this is at least for some of -- a chance for younger americans to get some good jobs. >> joe, if you're taking a job that pays $14.50 an hour. it means one of two things, a, you don't have a job so you're getting a job or b, you're taking a job that's higher paying job. come on, this is good news! 1 $14. $14.50! >> they're not all $14.50. harvard business edi
bob corcoran was down there. 2,000 jobs, every one of which started at $14.50 an hour. >> right. they're not all going to be at -- >> so volkswagen was moving these jobs here because we're the low wage country compared to germany. >> dude, are you suggesting we push these jobs away? >> i'm not. >> i would rather americans have a shot at a $17 an hour job than having it in china. >> i agree. >> find a way to do better. i actually agree with you. but you...
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: you heard from that firefighter and then ahead of him you heard from a man at the center of this, bob king, the president of the united autoworkers here, saying this doesn't necessarily mean the death of unions. the reason i asked him that is because we have seen the decline of union membership, not only here in michigan, but nationally. it was more than 20% of all workers were unionized in 1983. today, it is under 12%. so the symbolism here in michigan is key. i spent time out here with the protesters today and also inside the capital, behind me. if we can roll some of the video, when the first bill of these two bills passed, they sat on the floor of the protesters, chanting veto, veto, saying this is our house. clearly, though, the legislation not moving in the direction they want. the only option now, brooke, frankly, is for them to work hard over the next two years to get representatives they want elected, to get a new governor elected, could overturn this legislation. as long as it is signed by the governor, this is the new law of the land in michigan. >> i know so much of this h
: you heard from that firefighter and then ahead of him you heard from a man at the center of this, bob king, the president of the united autoworkers here, saying this doesn't necessarily mean the death of unions. the reason i asked him that is because we have seen the decline of union membership, not only here in michigan, but nationally. it was more than 20% of all workers were unionized in 1983. today, it is under 12%. so the symbolism here in michigan is key. i spent time out here with the...
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Dec 11, 2012
12/12
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host: let's hear from bob in minnesota, republican caller. caller: there is a topic that nobody wants to talk about. it is the interest rate. the interest paid on our national debt. currently, most of the debt is under short term, under 1%. it is manipulated by the federal reserve and the treasury department. it is going to go from a historic -- $1.50 trillion in interest annually on the national debt. how is that going to impact the military industrial complex in the near future when that actually comes to be? guest: that clearly is a ticking time bomb for any part of the federal government. we are in a period of unusually low interest rates. when they rise, it is going to be a body blow to the national politics and the country. the jump from 1% to 7% is such a massive increase in taxes that the only thing i can think of is greece. host: what does it mean for the pentagon? guest: greece used to be one of the only three non-u.s. countries in nato that was spending 2% of gdp on national security. they are now below that because they cannot aff
host: let's hear from bob in minnesota, republican caller. caller: there is a topic that nobody wants to talk about. it is the interest rate. the interest paid on our national debt. currently, most of the debt is under short term, under 1%. it is manipulated by the federal reserve and the treasury department. it is going to go from a historic -- $1.50 trillion in interest annually on the national debt. how is that going to impact the military industrial complex in the near future when that...